Terms Used -

For convenience, there are two terms that the bankers commonly use:

Transactors : Refers to those who only pay the minimum payment due, and not the entire balance. Technically, these are the customers that the bank would like to work with, as they provide a continuous revenue to the bank. They are the people that the bank loves the most.

Revolvers : These are the people that the bank would not want to have prolonged relationship with. This is because, transactor pay off the entire balance to the bank within the due date. As a result, the bank will not be able to charge anything extra to these people, as will not fetch revenue.